# UNITED BANK
HARTFORD, CT · FDIC certificate 18203 · asset band $1-10B · latest filing 2019-09 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. Composite score 1 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $7.18B | |
| Deposits | $5.69B | |
| Loans and leases | $5.70B | |
| Total equity | $775.3M | |
| Loans / deposits | 99.36% (p79 of band) | 89.84% |
| Liquid assets / assets | 12.89% (p16 of band) | |
| Uninsured deposits / deposits | 37.40% (p73 of band) | 27.30% |
| Brokered deposits | 9.03% | |
| Wholesale funding | 16.87% (p84 of band) | |
| FHLB advances / assets | 7.71% | |
| Tier 1 leverage | 9.18% (p18 of band) | 10.38% |
| Unrealized securities loss / equity | 1.31% (p61 of band) | 0.89% |
| AOCI / equity | 2.69% (p65 of band) | |
| ROA (annualized) | 0.84% (p21 of band) | 1.20% |
| Net interest margin | 2.89% (p13 of band) | 3.64% |
| Efficiency ratio | 64.10% (p58 of band) | |
| Noncurrent loans | 0.60% (p58 of band) | 0.50% |
| Net charge-offs (annualized) | 0.08% (p72 of band) | |
| Reserve coverage of noncurrent | 157.54% | |
| Real estate % of loans | 76% | |
| Construction % of loans | 16.70% (p19 of band) | |
| Auto loans | $27.2M (0.48% of loans; DQ 0.77%, NCO 0.00%) | |
| Loans to nondepository financials | $95.4M (12% of equity) (p94 of band) | |
| Deposits YoY | 2.6% | |
| Employees | 731 | |

## Flags firing in the latest filing

- **wholesale funding >15%** (`liq_wholesale`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | loans exceed deposits |  |
| 2011-06 | 2 | expense ratio p90 |  |
| 2011-09 | 2 |  |  |
| 2011-12 | 1 |  | expense ratio p90 |
| 2012-03 | 2 | uninsured deposits leaving |  |
| 2012-06 | 3 | capital falling |  |
| 2012-09 | 1 |  | loans exceed deposits, uninsured deposits leaving |
| 2012-12 | 2 | loans exceed deposits |  |
| 2013-03 | 1 |  | loans exceed deposits |
| 2013-06 | 1 | wholesale funding >15% | capital falling |
| 2013-09 | 0 |  | wholesale funding >15% |
| 2013-12 | 2 | wholesale funding >15%, capital falling |  |
| 2014-03 | 3 | expense ratio p90 |  |
| 2014-06 | 4 | losing money, reserve under noncurrent | capital falling |
| 2014-09 | 3 |  | losing money |
| 2014-12 | 4 | capital falling |  |
| 2015-03 | 2 |  | expense ratio p90, capital falling |
| 2015-06 | 2 |  |  |
| 2015-09 | 2 |  |  |
| 2015-12 | 4 | loans exceed deposits, capital falling |  |
| 2016-03 | 4 |  |  |
| 2016-06 | 3 |  | capital falling |
| 2016-09 | 2 |  | reserve under noncurrent |
| 2016-12 | 2 |  |  |
| 2017-03 | 2 |  |  |
| 2017-06 | 3 | capital falling |  |
| 2017-09 | 3 |  |  |
| 2017-12 | 3 |  |  |
| 2018-03 | 3 | brokered >10% | capital falling |
| 2018-06 | 2 |  | brokered >10% |
| 2018-09 | 2 |  |  |
| 2018-12 | 2 |  |  |
| 2019-03 | 2 |  |  |
| 2019-06 | 1 |  | loans exceed deposits |
| 2019-09 | 1 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-01-10 [Popular bank seeks to close several branches across CT ‘as needs continue to evolve’ - Hartford Courant](https://news.google.com/rss/articles/CBMiugFBVV95cUxOUDM2N216WThMWGtndW82bXdMWWdTTHplYzNYaU9LZ0hQUGYyRG56YWYtWkQwckZPZ3NNS0Vfb1RGTnJoY2JoUmRuSWUxdzNvSFVTQjZ5VXNhNkZUbHQzRFBsMWtQYmhSVHZhd3h3RG9PZV9aclprajJsLVNvOFZTWWVwNEpoN2tIc0IyQVdsUGdlZkp4b19IcHJjLXNFemctTFM1U2xnYlBTSkFNNFMxbkZiNVlMMVhqSlE?oc=5) · Hartford Courant
- 2021-01-21 [People's United Bank plans to leave locations at CT Stop & Shops - fox61.com](https://news.google.com/rss/articles/CBMi4AFBVV95cUxPMzZ4UGpGZlRKNEs0V202aC1hWnFuY01uQjExd0dnYnBXbC13TWRNRWJPTHdXaWNCWE1rQnkwNC1Va3c2QlN6NU1FQncya0piUGlfUHFHaFRXaTBaZ2s1cjJuWmhEeS1aREhXUUhKQTZPZjRTTThkX3ZvRGxpdmNnaGZRRWpYajUyV1hTd0p4T1g4eG1vOTdodk1IbWl6enQ5ek1wajFBOVRxbjQ4cmtmcDlKNGdZRF9RUm9XT0kwaHVydnpadjdaTUJrMTNyaEc0dW81UDBGMUhlbkxPcFVUYw?oc=5) · fox61.com
- 2022-04-03 [Buffalo-based bank completes acquisition of People’s United - ctpost.com](https://news.google.com/rss/articles/CBMilwFBVV95cUxOVHZBUUtweFZiVmFESDlrZkw3QkxvbDhtb3Q2dnh3RV90WjZSVlV0MFJ6T1Fwc1N6WmxjcVNjMVVwZzJFZlhRV05YckZoQUVDLUVIWnhfUTBGTU02ZHlKMmVFRFE3MWFOeTJuMkJrZEZVOU9ESThCNkVaaGNrSlI0WUowTmt4cEF5QktWSzlnaURsZkRXaUpv?oc=5) · ctpost.com
- 2019-07-16 [People’s United Bank to buy United Bank for $759M - Hartford Business Journal](https://news.google.com/rss/articles/CBMijgFBVV95cUxPSDUzTDhGQlJ4UHZibFBUUFFteldWWW5HcENMRXo2S3BXa3dmMlBIVzc0WmJmcmxWdk1ydnBGQUd5YjhzMzk5bHc5XzdpZXRnRmhqYWxZdm1Dd2V4NGxidmsxZFE2V2NrX0pTRGpGVU0wRUJwQkxGVml2dW1PT0dDNXA5d0c1aGRiOWdvVXZn?oc=5) · Hartford Business Journal
- 2022-09-23 [‘It doesn’t bode well’: CT legislators troubled by M&T Bank customers’ complaints - Stamford Advocate](https://news.google.com/rss/articles/CBMinAFBVV95cUxNZnBkekFQeHJCSE55c2NhdmJvSTREX3dQeUQ5RDdsek1mdGlHU191N2Y0eVJIUnVPUk5BSEUwR2xmZllxVTBBYjhUX1ZReHJaSzNJenlWbTZHX1Exd1Q0OXZnc1VVWG95MERzZG1ld0FsOUZfUDRIakVVUEhuNy1PVkVNZXdoQTNWOWtsa0FJMVhTVEpURHZOMHJJUHI?oc=5) · Stamford Advocate
- 2021-01-22 [People's United Bank Won't Renew Contract for Branches at Stop & Shops - nbcconnecticut.com](https://news.google.com/rss/articles/CBMiuAFBVV95cUxNTFdZTXZzbmx5SHFSRHJGcE5EQzRaZ2F2bVpURjV5bzVQR0ppTWlVeHJMT1FaTUtSZ2NfT09sam1hSXM2SnRnUkF1Z05aV3VQRUEyNEF0LVRiQk80VndvUGZYUDB4al9KZGVMUnZqMjNzVWcxQkkzTHFWWnF3SVJ0dk5OVFBwNkVpQzBsNzRUanRjUUdQVUlINlNWb0ZwS01sRGc1X0s4ZWJwQXc4a0plMGtRdmVrVV9q0gHAAUFVX3lxTFAxVDVaSzZkODBPcGRkZjlic2NMV2JsV3RoZW85NTJfSU1CTENnY0NKdmU5aUlfbFRpRmxNRUUzMTBtZS1zVXUyemZiR1RDRUpBMHhaZktZLW9TVWZmd2oxTm1fVFotYVpTWEZPREVNZkFuUDhZWDNqbUlmdjFpQ19qTHV3VHBNMjZnMGNpZU5JTFBRTjdZYk9hNU9hdnpkLXZUYzQzSGxFR1Q1RVUzSnRaenhJTFZnV2lKT3Z1OUhwVA?oc=5) · nbcconnecticut.com
- 2021-07-24 [Over 700 CT People’s United Bank employees to be laid off following bank merger - WTNH.com](https://news.google.com/rss/articles/CBMiuAFBVV95cUxNNWtOa2Y1TVRROFIzempFYngzXzFjamotaWZTeWpOYlpuQUxoQzJ0dFNKYkhmbllyY0pLd0d5OUd4eWYxQzRGQUplaUVvQ3JEa1A4eGYzMklIZXUya1lXbjNXWjBwbzAyaWhkMU16bGgtSTFSZWhjc0VDVWJZeF9sX25BMGVvZk5FbjhBOTctUkVyaUJiNUE1azBmTmhneWJEZE9Xakx6c2VNcFdfODEyQWg3NzBBcklo0gG-AUFVX3lxTE1EQTVZWVlJTmVWcDQwLXhVem5YUXZTNHF6RWlWX2xXUHRVOV9oenBVVllsSWVGR1FuYmtXYkdLYlo5SFBnbU1nREJfQVlQNlpTbDhwNjl1c1l2Tmd6Ml9YU3p0czVGUEhjZFc5Ym00MGprMlFHb1hHdnV6TjdJSjI4MFdtWndXU1JEVUJJZEp1ZExUdnFiaEpjc3JQUzJPajBKNk9adVV2S3UzQlgzd0tXODFpdFA3RG5kTE5ITEE?oc=5) · WTNH.com
- 2022-10-13 [Stop & Shop weighs how it will fill spaces vacated by People's United branches in Connecticut - ctinsider.com](https://news.google.com/rss/articles/CBMilwFBVV95cUxPbVl4Y05SbGJHc29mdjBxNmlCMk5YZGJzRFV0YnJMVUd2M2g4S1FBX0VJMUNseHRPdUh5N2VtX2tpM0psZFdjTF9xSnRRM2FfNmxnZ3cySEZYWmZXb08tMnVna0x1QktKTFBwWlR2Z2dnYlJwY3RwNXdRc0lYc1F4QU85S1ZEOTRONlJaRVphcjNUOHIzVlo0?oc=5) · ctinsider.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=18203 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/27.json (key "18203", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide